Late yesterday, The New York Times reported that Instagram co-founders Kevin Systrom and Mike Krieger had both resigned from the company, and planned to leave parent-company Facebook within the coming weeks.
Shortly after, Systrom confirmed the report via the Instagram Press blog, saying that:
“Mike and I are grateful for the last eight years at Instagram and six years with the Facebook team. We’ve grown from 13 people to over a thousand with offices around the world, all while building products used and loved by a community of over one billion. We’re now ready for our next chapter.”
Krieger and Systrom created Instagram in 2010 with the app’s initial focus being on photography and image composition. Since then, as noted by Systrom, the app’s gone on to become one of the biggest social platforms in the world, boasting a billion users, and expanding its focus beyond basic sharing.
But that expansion, largely under Facebook following The Social Network’s acquisition of the app in 2012, has also, reportedly, been a source of unease.
Earlier this year, Bloomberg noted that there were significant tensions between Instagram’s founders and Facebook CEO Mark Zuckerberg over the best way forward for the app. In that piece, Bloomberg’s Sarah Frier notes, specifically, that Instagram’s founders were not keen on duplicating Snapchat’s popular Stories feature, which has gone on to become a big success within Instagram.
According to Bloomberg:
“Krieger and Systrom refused to build look-alike functionality until Zuckerberg personally requested it, according to a person familiar with discussions.”
Now, that tension is also believed to be behind the departure of Instagram’s founders. According to various sources, disagreement between Instagram’s management and the incoming influence of Facebook’s team (most notably Facebook’s Adam Mosseri and Chris Cox who took on additional oversight within Instagram back in May) lead to a critical point, which pushed the original Instagrammers out. Accordingly, on Monday, 9th of this year, Instagram officially announced that Adam Mosseri has been selected as the new CEO of Instagram.